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Rent a Wreck has the opportunity to purchase a new wreck that will cost $600. The wreck will help generate additional cash flows of $300

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Rent a Wreck has the opportunity to purchase a new wreck that will cost $600. The wreck will help generate additional cash flows of $300 at the end of each of the next 3 years. If the cost of capital for the project is 10%, then what is the NPV of the project? $246.06 $146.06 $136.06 $1, 346.06

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